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Liberty Gold Corp.
Summary
| Project: | Goldstrike | |
|---|---|---|
| Deposit: | Goldstrike | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-7-2018: Liberty Gold Corp. announces a PEA report for its Goldstrike deposit at the Goldstrike project. PEA results incl. post-tax NPV of US $129.5M (5%), IRR of 29.4%, 7.5yr LOM at the project. Liberty Gold Corporation has retained SRK Consulting (Can | |
| Resources: | (Resource): 57.846Mt @ 0.50g/t Au (Ind.) and 19.603Mt @ 0.47g/t Au (Inf.) at Goldstrike | |
| CP/QP: | [Overall Report]: Bob McCarthy, Russ Browne (SRK Consulting (Canada) Inc.;Golder Associates) | |
| ABSTRACT: | Liberty Gold Corporation has retained SRK Consulting (Canada) Inc., Golder Associates Inc., Kappes, Cassiday and Associates (KCA), and G.L. Simmons Consulting LLC to produce a technical report in compliance with disclosure and reporting requirements set forth in the Canadian Securities Administrators’ National Instrument 43-101, “Standards of Disclosure for Mineral Projects”, for the Goldstrike exploration property. This report discloses a first-time release of a preliminary economic assessment (PEA) by Liberty Gold for the Goldstrike Project. It follows on from the technical report, ”Independent Technical Report and Resource Estimate for the Goldstrike Project, Washington County, Utah USA” (SRK, 2018), which provided an update to the mineral resource estimate for the project. The content of that prior report, issued in March 2018, is largely still current, as noted in the sections of this current report. One notable exception is re-stating the mineral resource estimate at a lower cut-off grade, as supported by the economic analysis of the PEA. | |
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